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2012-11-23

2012-11-23

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KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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. >> tom: i'm tom hudson. massive spending cuts and tax hikes are set to hit the u.s. economy on january first. by most estimates if we go over the cliff, the u.s. onomy will plunge into recession. >> susie: we look at the impact of the coming cliff and whether congress and the white house can strike a deal. >> tom: that and more tonight on n.b.r.! it was the chairman of the federal reserve ben bernanke who first called it a fiscal cliff. he described the coming automatic cuts in government spending and increases in taxes as, quote, "a massive fiscal cliff," end quote. here's what he was describing: on january 1, 2013, tax breaks worth $416 billion will expire. spending on things like defense, medicare payments to doctors will be slashed by $65 billion. add it all up and you are talking about cutting roughly half a trillion dollars from the federal budget. the congressional budget office and others warn going over the cliff will send the economy into a recession in the first half of next year. it was congress and the white house that set the deadline in hopes of forcing each other to cut

FOXNEWSW - Your World With Neil Cavuto

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FOXNEWSW
Your World With Neil Cavuto

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are to have fun. thank you. so, another republican dixing a no tax hike pledge. does that mean tax hikes are coming? with verizon. hurry in this friday for great deals. like the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this friday, get the best deals on the best devices on the best network. exclusively at verizon. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of

FBC - Lou Dobbs Tonight

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FBC
Lou Dobbs Tonight

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and tax increases that will take place if lawmakers fail to reach a deal before the end of this year. since president obama's reelection, democrats and republicans have staked out their positions on how to resolve this potential crisis. the president wants higher taxes on the rich, specifically over one half trillion over the next decade. >> what i'm concerned about is not finding ourselves in a situation where the wealthy are not pay more or are paying as much as they should. middle-class families making a difference. lou: house speaker john baena says new revenue should be raised through tax reform, not raising taxes. >> we have talked about this for every year. you can lose all kinds of limitation in doubt. the specifics at this point, would not be conducive to try to come to agree with the white house. lou: who blinks first? we take all that up here tonight. how can the republican party broadened its base following governor romney's defeat? we will be talking with the author of the best-selling book the amateur and former senior staff member and president george w. bush administr

MSNBCW - MSNBC Live

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MSNBCW
MSNBC Live

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on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of bipartisanship after the leaders came to the white house. it seems as though that has gone awe with democrats digging in their heels on the issue of entit entitle. s and republicans on taxes. congress talking about some types of compromises, one that would include rolling back tax breaks for big corporations and wealthy americans as you just talked about. another one would potentially roll back the bush era tax cuts but instead of allowing rates to go back up to the clinton levels of 39%, maybe they would go back to 37%. these are just some ideas being talked about. you're absolutely right. there is nothing that really looks to be moving forward at this point in time. but the o

FOXNEWSW - The Five

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FOXNEWSW
The Five

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, that the tea party was born april 15th, 2009 on the heels of taxed enough already. every time you would talk to a tea party representative or person, any one of the groups and ask them, taxes, i get. what about social issues, what about contraceptive. they didn't want it talk about it. they want toed to talk about the social issues and somehow the democrats attached the social issues to the tea party. >> and bob, you have familiarity with that. >> what the heck. >> not obviously republican and democrats have shared losses over time and it's normal, right, for a party to go through a little amination a out where they're doing. >> and the impression-- i think one of the-- one lesson the republicans had on a serious note you have to do more than run against somebody. the focus of that campaign and the republicans generally was to vote against barack obama and dependent on the turnout against president obama and you need the policies and a lot of talk about the hispanic issue and you can't give away that many hispanic votes and you know you can get them and even mccain did better, but, unless th

MSNBCW - Morning Joe

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MSNBCW
Morning Joe

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of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i think the fever is starting to break. >> absolutely. you're going to see it, i think, on immigration reform, and i think you're going to see it on spending and taxation. and you don't have to effect or change basic tax rates. as you know, there's all sorts of things you can do on so-called tax expenditure dealing with home mortgage deductions, dealing with state and local taxes. also there's things obviously on the spending side, entitlements and domestic spending, this isn't that hard. this is, if you will, a mini-package. this isn't necessarily on the scale of simpson-bowles. it doesn't need to be. this ought to be doable. >> john heilemann, obviously both sides have to give. everyone's been saying that. there needs to be room for compromise, figure out how to get there. how does a deal look? is there a possibility of a

CSPAN - Washington Journal

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CSPAN
Washington Journal

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arguments that were made. host: you would agree to raise taxes then? caller: absolutely. host: ray in arlington, texas, independent. caller: good morning. who says gridlock is bad? i am in favor of gridlock. it keeps the government out of my business. i like the previous caller's suggestion on referendum. when the constitution was passed, i can understand the power of the legislature. but today i think any law passed by the legislature should be turned into a referendum and voted on by all of us with on- line computers and free long- distance phone calls. let the people speak approval of what the congress passes or veto it. host: do you think enough people would get involved in the state conversation like that? caller: i do, on the issues they are passing now in congress, like spending, spending what they don't have. they're spending my money. the obamacare would never have passed in front of the american people when it was originally proposed and passed by a democratic house and executive branch. i think we have a runaway government that is in too much of my daily living and busin

FOXNEWSW - America Live

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FOXNEWSW
America Live

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passed two-and-a-half years ago, and it starts to unfold this january with new taxes. then insurance exchanges up and ready in october 2013. analysts, however, say the federal government is struggling in part because of the way the bill was thrown together. >> it was put together by a bunch of special interests, and that's why you get this rube goldberg contraption, we're having all these problems. >> reporter: now, just before thanksgiving the administration finally laid out what is called essential benefits which insurance companies need to structure and price their health care plans. but the administration is pressing its luck, because insurance companies usually need much more time than they have now. >> well, it typically takes anywhere from a year to a year and a half for an insurance company to develop new policies, get them approved by regulators and develop all the materials needed to sell them to consumers. >> reporter: requirements of the law still have not been completed. businesses of a certain size, for instance, have to have what is called adequate coverage in order to

KPIX - CBS 5 Early Edition

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KPIX
CBS 5 Early Edition

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. >>> tax time is still a few months away but there are already changes coming along that could force people in the bay area to pay more. cbs 5 political reporter grace lee takes a look at how changes to the tax laws will impact you. >> reporter: tax changes are adding up and it could cost you a lot. governor brown's proposition 30 raised state income tax on those with a taxable income of $250,000 or more to pay for schools and universities. what you might not know is that it's retroactive meaning if you fall in that bracket, the bill is due this coming april. >> i think there's going to be a few people who will be surprised but there was really nothing you could do plan for it. the election determined whether or not this was going to happen. >> reporter: accountants say for a married couple making $250,000 and filing separately it will cost you about $250. it's not a huge bill but in the bay area where real estate is higher and the cost of living is greater, for most households, disposable income is smaller and every dollar counts. >> this is the type of thing that affects us here. yeah. th

KCSMMHZ - Journal

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KCSMMHZ
Journal

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and the state coffers, but its treaty on tax evasion with the swiss has led to trouble. >> the deal was done and dusted with switzerland, but the german opposition has found a way to undo it. >> the government desperately wants this treaty, but the opposition was having none of it. >> we cannot have a situation where people who avoided taxes by hiding money overseas are left better off than if they had paid their taxes properly. >> the opposition says the treaty is not tough enough. it would allow people with funds in switzerland to remain anonymous, paying a retroactive flat tax rate to avoid further scrutiny, but the government says the swiss agreement is the best deal anyone can expect. >> we will not find a better way of collecting unpaid taxes from the past. switzerland promised customers confidentiality, and it will not abolish that retroactively. >> even so, these demonstrators outside the assembly welcomed the vote. now it is back to the drawing board to find a way to get germans with swiss bank accounts to pay up. >> this is a real hot button issue in germany right now. let's go to

MSNBCW - MSNBC Live

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MSNBCW
MSNBC Live

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in their heels on the issues of taxes. democrats seem to be hardening their stance. taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts

MSNBCW - MSNBC Live

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MSNBCW
MSNBC Live

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on a platform of increasing taxes on wealthier americans, if you look at the polls a majority of americans actually agree with him on that issue. as you know, president obama invited congressional leaders to the white house last week. they struck a rare tone of bipartisanship after that meeting. then as you point out, seems like both sides sort of went back to their respective corners and democrats really digging in their heels on entitlements, republicans digging in their heels on the issue of taxes. we're told that aids on the hill are trying to work through a couple of compromise scenarios, especially on the issue of taxes, that would essentially allow taxes to go up on wealthier americans without increasing the rates. there are a couple of ways that you can do this. one would be to roll back tax breaks that will wealthier americans get. another idea is to possibly tax higher income earners on the lump sum of their salaries. so they're sort of batting some of those ideas back and forth. one component though, alex, that is giving folks around here some optimism, speaker boehner and major

KPIX - CBS 5 Eyewitness News at 6PM

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KPIX
CBS 5 Eyewitness News at 6PM

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in the bay area to py more. >>> tax time is still a few months away. but there are already changes coming that could force people in the bay area to pay more. cbs 5 political reporter grace lee takes a look at how changes in the tax laws will impact us all. >> reporter: hopefully no indigestion. the bay area is one of the most vulnerable regions to changing taxes and the reason for that is our cost of living is higher and that means prop 30 could affect a larger number of households here. the bigger problem is looming in the federal tax code and it could cost middle class families thousands of dollars. tax changes are adding up and it could cost you a lot. >> we got to make sure we do it right. >> reporter: governor brown's proposition 30 raised state income tax on those with a taxable income of $250,000 or more to pay for schools and universities. what you might not know is it's retroactive meaning if you fall in that bracket the bill is due this coming april. >> there's going to be a few people who will be surprised but there was really nothing that you could to plan for it. it was, yo

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property tax revenue generate bid the yards your's development on both locations through creation of infrastructure financing district, estimated to yield about 5.8 million a year. >> to clarify the sales price is not per year, it is one time. >> one-time. the estimated total value of an infrastructure financing district, the amount that we could bond against for future property tax revenue off these two is approximately estimated to be 50 million. these values were determined by an appraisal that was conducted by the department of real estate with instructions provided by the city and port. there is then -- >> just one second. jennifer, we do have a few questions. supervisor a loss. >> thank you, chair chu. feeling a need to kick the tires a little bit. but looking at my notes here, when we had america's cup before us. >> yep. >> there was a discussion about seawall lot 330, that being a portion to use to help subsidize development, at that time the seawall lot 330 was assessed at 33million, now 30 million. how are we at the difference? we have seen property values increase gener

FOXNEWSW - Happening Now

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FOXNEWSW
Happening Now

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washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. there's the sign to the bullpen. here he comes. you wouldn't want your doctor doing your job, the pitch! whoa! so why are you doing his? only your doctor can determine if your persistent heartburn whoa! is actually something more serious like acid reflux disease. over time, stomach acid can damage the lining of your esophagus. for many, prescription nexium not only provides 24-hour heartburn relief, but can also help heal acid-related erosions in the lining of your esophagus. talk to your doctor about the risk for osteoporosis-related bone fractures and low magnesium levels with long-term use of nexium. possible side effects include headache, diarrhea, and abdominal pa

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businesses also contribute to 52% of the total sales of taxes paid by businesses in the city. it's also important to note for every $100 spent locally owned independent businesses generate $68 iní%( z5 local economic act, and that compares to only $43 by the national chains or chain stores. joining the small business commission, office of small business, and our local partners, women impacting public policy, the san francisco chamber of commerce and sf travel, i wanted to urge everyone to shop locally during this holiday season. and we wish everyone a great and your holiday with your family friends and loved ones. i also wanted to invite people out on thursday, december 6, that's thursday, december 6, in the evening for our annual clementine, join the merchants from the green apple bookstore to park lifee÷jc- gallery and fy notions small businesses like foggy notion as we celebrate the holidays with our great clement street businesses. thank you. >> clerk calvillo: thank you. president chiu. >> president chiu: first of all i'd like to adjourn today's meeting in recognition of the pass

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that you value the hotel revenue is expected toin crease, 6.7 to 5.5 percent. that converts into hotel tax into the city's general fund. the occupantcy will grow to 86 percent when the expansion grows. >> the projected occupantcy of the rooms? >> since the rooms is where it comes from, we have to say that the hotel will benefit from the assessment. >> where is it at? >> 1.5 percent. >> what is the occupantcy? >> it is about 80 percent this year. >> 79, 80 percent, thank you. >> excuse me, office of economic and workforce development. i wanted to go over the approval process, this is for the district which is proposed to fund, you know, over two-thirds of the projects, regarding the moscone expansion, but in addition, the district wants to fund a few other things which i will go into in a minute. a few junctions where there will be a few processes for the approved project. today, we have submitted petitions, actually, they have gone up to 53.97 percent weighted in support of forming the proposed mascone expansion and today is the resolution of intention that you are considering. and after i

FOXNEWSW - FOX and Friends First

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FOXNEWSW
FOX and Friends First

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. that is a proposal to increase the federal gas tax makes its way in discussion about how to solve the so-called fiscal cliff. state hoyce are joining law makers pushing for 18.4 percent tax hike. the tax last raised in 1993. hundreds of our nation's heros getting a warm welcome home in new jersey. vol tierce greeted the soldiers and served them a traditional turkey dinner with all of the trimmings. >> motorcycle is coming and all . people that greeted us was a wonderful experience. nbest thing i had seen in years. >> and this speed and truth event is held every year. >> that is your five on five. nthis morning, israel arrested the person behind wednesday's bomb blast on a bus in tel-aviv while the cease fire between israel and hamas is holding up. peter doocy has more in washington. >> good morning, patty. twen people - 27 people were injured when the bus exploded and an an arab-israeli is in custody for planting the bomb. pam pal militants with ties to hamas and other islamic jihadist in tel-aviv to plant the bomb and call would the handlers it was in place and they dialed a mobile phon

CNNW - The Situation Room

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CNNW
The Situation Room

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to revisit this. taxing legislation has to come through the house of representatives. so there's john boehner's mandate. >> now, donna, there's another quote from that article in the cincinnati inquirer i want to show and ask you about. he said in it there are essentially three major routes to repeal the president's law, the court of congressional process, with those routes coming up short, the third and final one becomes more important than ever. do you think that's the message of the last election to try to essentially repeal obama care by investigation? >> no. that's not the message. i understand that speaker boehner is still trying to pander to those who lost the election, but the truth is is that two-thirds of this law is already being implemented across the country. some of the most important provisions are about to be implemented in 2013. and of course 2014 when the state exchanges come into play. i think it's important to focus on implementing this law to ensure that we get the kind of quality care, you know, that all americans deserve. and the fact we're trying to insure millions of

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is a bully agency the tax taxidrivers, parking meters in the physically frail. if muni passengers a lucky those taking the bus today are lucky if they are home by christmas. i had to acquaint this board with muni etiquette. when you say to someone i will see you in hell, it means i will see you in a muni bus. >> chairman nolan: next speaker plesae. >> commissioners thank you for letting me speak again. of the record i'm emile lawrence [sounds like]. i want to see what we see the mta is missing by a long mile. technology is superseding your medallions. if you look at the industry in london, they have to separate systems. they have -- taxis and taxes that pick up people on the street which are black cabs. taxis by telephone operate without any license. people can drive their own car or limousine by filing apps by people like hoover -- what i see is a collapse of your medallion prices coming up in the horizon, defaults from drivers, etc. the industry technologically is the preceding your ability to cope with it. i bring that to your attention because over the past six years or so, on t

FOXNEWSW - The FOX Report With Shepard Smith

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FOXNEWSW
The FOX Report With Shepard Smith

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to chartd if washington were to reduce our charitable tax deductions. u.s. charities say they don't want to find out. and just when you think your neighbor, you know him well now there is an effort in mexico to change the country's name coming up. if we want to ime our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus

FOXNEWSW - America's Newsroom

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FOXNEWSW
America's Newsroom

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to solve that issue it's good to raise taxes on everybody, even on small businesses. he's really not taking into account the economic impact of what's going on in the country right now. you have to have sympathy for these folks, but they should remember, they should heed the example of hostess and the automakers, you push too hard, there are economic consequences. job consequences and company-wide consequences. patti ann: briefly, the controversy over working on thanksgiving -- >> well, that's a joke. i mean, come on. listen, you take this job, my dad was a bartender. i washed dishes as a kid. we worked easter, okay? easter's a big italian-american holiday, by the way, but we did it because those were the conditions of the job. like i said, these are not coal miners, they're not risking their lives over at wal-mart. they work in retail, and guess what? black friday is a big retail day. patti ann: all right. gotta go. charles gasparino, thanks so much for joining us. >> you got it. gregg: and now a fox news alert. new violence erupting in egypt after president muhammad morsi grants himself n

KTVU - KTVU 6 O'Clock News

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KTVU
KTVU 6 O'Clock News

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google avoids paying a carpet tax rate by basing it -- carpet tax rate by basing -- corporate tax rate by basing it in another country. >>> the first auction of california's cap and trade pollution permits will generate less money than expected. the first sale only raised $289 million. lawmakers hoped to raise $1 billion by june. there are two more auctions planned in february and may. >>> thousands of people earned their right to extra thanksgiving calories this morning in the south bay. >> the turkey trot drew 25,000 runners. there were serious runners and the folk whose took part in the costume contest. all of the money raised go to three different charities. >> people less fortunate, always like to help. every little thing we can do. nice to help. >> participates were also encouraged to bring canned food. >>> officials say they will rebuild their port to with stand a tsunami. the japanese earthquake triggered a tsunami. they will spend $54 million to rebuild. they will extend 16 feet above the water so it won't rip off the docks. >>> just perfect weather today across the bay area.

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indirect benefits from grocery receipts tax revenue up to 120 million as you have heard capped in private expenditures, rehabilitation of 3032, reimbursement by port of those private construction expenditures. for use of 66 years of credits for pier 3032, valued at 1,970,000 per year. you also heard when i talked about 120 million that does include 13% return to gsw on the reimbursement of construction costs, non reimbursement construction costs. transfer of seawall lot 330 from port of gsw bay and 34 million and four years of general fund property tax revenues, used to repay a 60 million ifd bond. no new ongoing maintenance cost for the port. undetermined maintenance costs for which funding options are explored by the office of economic and workforce development, port and gsw. so based on those criteria the budget and legislative analyst finds the proposed development to be fiscally feasible under the code and therefore we recommend approval of this proposed resolution before you. in accordance of the codes, chapter 29, finding of feasibility as you know that the project merits evaluatio

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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. neutrogena®. >>> all right. love to shop but hate the crowds? you can shop online and maybe avoid sales tax. you have to wait a day or two for your stuff but amazon claims some are willing to pay tax if it means faster delivery. kwould you believe same day? we look at what this means for you and for your friendly neighborhood merchants. >> reporter: online versus brick and mortar. it has perhaps never been so intense. for years amazon had a key advantage in states like california. no sales tax. local bookstores already under pressure by the rapid rise of e-books and chains felt squeezed. michael tucker owns a chain of bookstores in san francisco. >> if you could save 10%, why wouldn't you? >> reporter: but amazon's tax advantage tax advantage went away. it also began taxing in other states like pennsylvania and texas. they collect only for states where they have a physical presence. now here in california, amazon is building two giant warehouses. including this one near los angeles. it's a million square feet. and for the old fashioned retailers, it's another reason to worry. why? because a

CNBC - Worldwide Exchange

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CNBC
Worldwide Exchange

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over some of the concepts that underpin our approach to international tax law. if you have a look at the concepts that very much dry the way in which we determine taxing rights, emphasis about source and residence and permanent establishments, this is very much the language of law that was assigned for industrial and i think it's increasingly found to be wanting when it comes to some of the challenges that the information and digital age that we're now confronting. >> nobody is doing anything illegal. there are complex tax arrangements that are perfectly legal. should we be taxing profits or some other measures of companies. >> well, certainly i think these sorts of things have to be on the table in terms of whether or not it might be a question of looking at where the actual economic activity is occurring. certainly in relation to whether or not companies are in breach the tax laws, i can't generalize, but there are number of practices that comply with all the relevant domestic laws. but the issue boils down to whether or not the international tax concepts are capable of properly

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direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san francisco families and businesses. with that i'd like to take your two questions, supervisors. thank you. >> president chiu: thank you. our first question will be provided by our district 6 colleague, supervisor kim. >> supervisor kim: thank you and congratulations on your leadership on the propositions we passed a through e. in our district we've gotten many e-mails and questions about this but something that hasa uát up with our resident what are current procedures for recouping cost for street closures. specifically, what costs are being reimbursed to the city, beyond permitting fees and what costs incurred by departments other than the mta and sf police dep

MSNBCW - MSNBC Live

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MSNBCW
MSNBC Live

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way to do that and come back over tax reform next year. i think what the signs are that the president wants to raise tax rates on the wealthiest 2% of earners, a balanced approach, but the republican party is saying, hey, wait a minute. let's close tax loopholes, close deductions. that's a better way. so i think they are looking for are a path down the middle. >> doug, try to reconcile all of this. you have "the washington post" which highlighted the number of polls showing people want smaller government but they don't want cuts in any of the entitlement programs. they do want the deficit cuts. you can't have it all, right? >> right. well, if you look at the exit polling, most were supportive of raising rates on the rich and that has been consistent throughout this election season. i'm bullish. i don't know if it's the turkey or the drink or the redskins victory yesterday affecting me here but i'm bullish that there will be a solution. you have three dynamics here at play. you have a president who is significantly stronger, i think, speaker boehner is stronger inside of his conference

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there are non related events, they pay the city extra for cost of the events. the giants pay ample taxes. it is the tax revenue that comes to the city's general fund that's been used to pay for supplemental services for mta, police, outside of their premises on game days. is that the model we were expecting for this development? >> i don't think so. we will endeavor to create a separate funding stream that has neighborhood oversight and input. maybe neighborhood control. this is something we need to -- in a cbd model you wind up having neighborhood or stakeholder control of pot of money that can be used to deploy to address issues that are often neighborhood issues. not sure we will have a cbd but what we are committed is creating a dedicated funding stream that is visible and discreet from the city's commitment to ongoing maintenance and security. that the neighbors have said one of the things necessary is an ability to dial a response to impacts from having large numbers of people come in and out of the neighborhood. >> we don't have a real concept of what the funding mechanism would l

KTVU - First Business

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KTVU
First Business

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're not thinking money after taxes or anything realistic, you're just thinking, 'i'm going to get a windfall of cash and this is going to be amazing!'" "it's not a new story for tech employees to have their options underwater. it's just kinda the breaks." in his book "groupon's biggest deal ever," frank sennett details how founding partners like eric levkofsky cashed out some of their shares before groupon's ipo, pocketing hundreds of millions of dollars in the process. "they're the early-stage founders, they're the ones driving the bus. and there are all sorts of lessons that life isn't fair and that's one of them." though the rank and file still holding shares do have at least some hope for some kind of bonus. 'you know, at this point, you may have lost 66%, maybe 75%. is there a chance you're going to lose that extra 25%? yes there is, but it needs to go down another 100% from here.' knispel has pretty much cashed out 'i didn't get to buy a plane or a boat or anything' and bowman has moved on as well. 'i did have the cash to rebuild the garage for my house because it was falling apart. no

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in the mta fund don't take a tax deduction. you have to make sacrifices to. and you better sleep on this. (applause) > this will be my third time. i would like to thank mr. chairman for giving us this time. in 1985 when i started driving taxis, i used to live here in the city around -- and i'd take the 90 bus to go to work. the bus driver - we became friends. and the metah officer, we used to take the bus at the same time too, 1988. since 1988, the driver, the muni driver, i know is retired now. the officer i know has retired with full benefits, 40 acres [indiscernible] -- all i did when i signed up for the waiting list was to have my own 40 acres -- [indiscernible] so that i can have my time when i retired, with the time i put in. i have seen everyone here on the board, you are here to help the city, individual stakeholders. i agree with the proposal here that smpta put on, the goal is to help stakeholders. how can you help stakeholders when we have side cabs that advertise on your website, putting 1500 private cabs on the street. a all that we ask was to give everyone on the waiting

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, and there are two items before you, the first the ordinance, has indicated to mend the business and tax regulation code to extend the future business improvement districts that are created from the current limitation of 15 years to up to 40 years and would provide an alternative weighted two-thirds vote approval that the board could approve as future business improvement districts come forward. and as this is permissive legislation, there is no impact of the proposed ordinance and we recommend approval. we write in the resolution that is before you, which would declare the board of supervisors intent to the new expansion district and for assessments on the hotels city wide, with the two areas, area one and two having the different assessment values, there is a table in our report, table two that shows on page 7, that shows the two zones and the different assessments on the gross revenues. and it has been presented, i will just go briefly. that and shown in an attachment three, on pages 15 to 17 of our report and as discussed in what is now the revised management district plan that is before you. t

FOXNEWSW - Special Report With Bret Baier

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FOXNEWSW
Special Report With Bret Baier

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on instituting health care reform. obamacare aboutsed more two years ago, unfolds in january with new taxes and exchanges ready in october 2013. analysts, however, say the federal government is way behind. >> there wasn't a lot of thought given to obamacare by a single entity making sure the pieces fit together. it was put together by a bunch of special interests and that's why you get this goldberg contraction. >> and just this week the administration finally laid out what it called essential benefits something that insurance companies must have to structure and price their health care plans. the administration is pressing its luck though, because insurance companies normally need more time than the few months left. >> if they're going to stand this up in 11 months, they are pretty close to the wire of having run out of time to do it. >> what it typically takes anywhere from a year to year and a half for an insurance company to develop new policies, get them approved by regulators and develop all the materials needed to sell them to consumers. >> many other parts of the new law, however, h

MSNBCW - Hardball With Chris Matthews

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MSNBCW
Hardball With Chris Matthews

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's the question that may take the republicans now four years to answer. did we go too right on taxes and immigration and foreign policy or where were too moderate, not ideological enough? one thing you can never be wrong on, if you lose you can't brag. if you lose, everything gets it, everything you did and nobody will admit he or she is wrong. gee reid managing editor of the grio. joy, you first and john jump m in here. seems like if you look at the trial balloons for 2016 you see the two directions of the party. people like rubio, down in florida, who's talking about the seven days of creation again. and then on the other end of the world, you have chris christie talking about how many days it's going to take us to clean up this mess from sandy. once living in the secular real world, off in the ideological, world that the right likes to get into. joy, you're shaking your head. they haven't decided to go sky high into the ideology with the old testament or become a more modern party. >> i think you picked the right person to focus on. marco rubio, be seems to be at the crossroads. t

CNBC - Closing Bell With Maria Bartiromo

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CNBC
Closing Bell With Maria Bartiromo

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a deal, there will be tax hikes and sped spending cuts which could be headwinds in itself. >> the market on a short term basis has been a little oversensitive to every tactical change in the likelihood of some kind of deal before the end of the year. it does not mean to me once we get an agreement or don't get an agreement that the market is automatically therefore more vulnerable. i actually think that essentially the 5% move we've had to the up side in the last week when congress started to express a mutual intention of getting something done, that probably gets most people to the idea of, fine, we hash out some compromise that both can maybe declare victory. if not, then soon thereafter. i do think though that you see decent domestic economic numbers underpinning a lot of what's going on below the surface in the market and the headwinds to me being the open question of whether china with reaction sell rate. to me those two things should be driving the market as opposed to kind of the war gaming of the fiscal cliff talks in d.c. >> todd, is this all about the fiscal cliff for you? let'

KQED - PBS NewsHour

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KQED
PBS NewsHour

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be done about that. among other things, you're saying taxes should go-- in other words, the bush tax cuts should be allowed to expire on everyone under $500,000. which is more than what the president is saying. he's saying it ought to be at 250. yet difference? and have you tukd him about that? >> sure, yeah, yeah, it was over 500, not under 500. yeah, i-- that position, judy, is one that i put on the table a year ago. and i'll tell you why. there isn't anything sort of theological about the $500,000 number. it's just a compromise. the democrats' position has been tax cuts to expire over 250. the republicans' position has been make all the tax cuts permanent. so a year ago i put a of a compromise on the table. if that compromise were accepted, it would raise $500 billion in revenue over the next 10 years, which would take the potential trillion-dollar sequester and cut it in half. and there are a couple of other steps i put on the table during the campaign as well that would reduce the need to find savings that would shred the safety net or hurt the economy. i am really heartened by the o

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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chambliss is taking aim at tax reformist grover norquist. why the senator may back out of his pledge not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day

CNNW - CNN Newsroom

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CNNW
CNN Newsroom

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this shortened trading session. >>> senator saxby chambliss has signed activist grover norquist famous anti-tax pledge but he says he's ready to talk tax hikes to avoid a fiscal cliff. he said earlier this week, quote, i care more about my country than i do a 20-year-old pledge. if we do it his way, we'll continue in debt and i just have a disagreement with him about that. he's talking about grover. >>> in suburban washington you're taking a look at community leaders, union leaders and perhaps some walmart workers. they're heading toward a walmart store. we believe they made it to a parking lot. as you know, they're protesting salary and health benefits for the workers at walmart. renee marsh is among the protesters, joining us now live. fill us in, renee. >> reporter: good morning, carol. i can tell you that they have finally made their way to the outside of this walmart here. just take a look. you can see how many people are out here. i would estimate it is in the hundreds. and they're all chanting. some of them wearing signs, some of them holding signs that say that the wages just aren't whe

FOXNEWSW - The O'Reilly Factor

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FOXNEWSW
The O'Reilly Factor

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for us to be concerned about the potential for estate tax problems moving forward. >> greta: thank you for being with us tonight. go to gretawire.com and let us know what you thought about this special edition of "on the record". good night from washington. on of the o'reilly factor is on. tonight. it's a very special edition of the great american news quiz. i'm from iowa i would know that. >> fascinating. >> showoff. >> steve doocy. martha maccallum and you compete for bragging rights. kwame or nothing. >> maccallum won. be a good sport. >> test your knowledge on the great american news quiz. factor style. you picked. >> teddy bear. >> hi. can we replace doocy? is it too too late? >> you are about to enter the no spin zone. of the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching this special edition of the factor. the great american news quiz spectacular. for the next hour you will get to test your knowledge and play along with us. so let's begin. first topic, will he general gather actor john wayne. >> all right. here is question number one. movie fans

CNBC - Closing Bell

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CNBC
Closing Bell

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taxes, but if you look at the cac, for example, they've had a huge week. france was downgraded and did lose their aaa, at least from the moody's vantage point. never before has the rally made 16 1/2% look so cheap, but that last one is an interesting story. you know, one of the things we were supposed to be potentially on this fix and bail was let's try to retire some of that paper, but investors are smart. this is the problem with these programs. they purchased it, and they're probably made the price too expensive. that looks like that's off the table as well. >> i know we have quinn back, so let me pose this question to. a lot of the rally we have seen this week is built on hope as opposed to hard facts. do you feel between now and the end of the year is that the market might react badly to any bad news? >> i think so. i think we have seen a rally that just came from an oversold, you know, very, very sharp decline. we had the qe-3 sell-off, the sell-off after the election. we've gotten half of that back. s? an opportunity, if you were freaking out last week, going my gosh, i don't wa

FOXNEWSW - Studio B With Shepard Smith

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FOXNEWSW
Studio B With Shepard Smith

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again. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. [ male announcer ] this holiday, give your family the greatest gift of all -- peace of mind. with the adt after thanksgiving sale. get adt home security and home management starting at just $99. that's a savings of $300. plus 15% off accessories. call now or visit adtpulse.com/tv. sale ends midnight november 27th. more than a security system, adt can help you turn on a few lights. bring family in from the cold. even let you know when an old friend has arrived. get the advanced technology of adt and save $300. starting at $99 installed. pulse save on accessories. call now or visit adtpulse.com/tv. sale ends midnight nov

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to tax themselves, to create a funding stream to support the building, the renovation, not the renovation but the new center they will build close to the existing. that's our city money and that's the hotels deciding how to spend their own money. the money that we decide to be spent on supporting our kids is our money as well. and to make that decision is worthy of us today to move forward and make sure that we support this in next week at the full board. i will be supporting this legislation. and i look forward to our vote at the board. i hope we have the mayor's support as well. >> thank you, supervisor. know there a motion and a second. today i am not prepared to vote for that. but i want to explain why. did you want to add something? >> there was a recommendation on this item. >> okay, let me get to that in a second. in the coming week i would like to commit to speaking with the school district to really understand your budgetary issues. i have a very strong feeling that when we -- how it is different from how we prioritize for small business loans, and we made that decisions in conte

MSNBCW - First Look

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MSNBCW
First Look

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at this morning's dish of scrambled politics. grover norquist, the man behind the anti-tax pledge, signed by a number of republicans over the years, could be losing even more support. georgia senator saxby chambliss tells a georgia tv station he's considering breaking the promise in order to avoid the so-called fiscal cliff. >>> and they are not the only ones trying to avoid the cliff. many major league baseball free agents are trying to get their money up front in 2012 to avoid tax increases. >>> well, the idea of selling designer merchandise on president obama's campaign website was mocked by some but the campaign is having the last laugh. bloomberg businessweek reports the idea by vogue editor anna wi wintor brought in more than $40 million. >>> meantime, the obama campaign is still fuming over some of the polls that got it wrong leading up to election day. the editor in chief for gallop whiched so mitt romney with a bigger lead admits gallup might have overestimated the get-out-the-oat efforts. >>> it's time for a geography quiz. put on your thinking caps. what is the name of this cou

FOXNEWSW - FOX and Friends

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FOXNEWSW
FOX and Friends

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good. all right. stick around. next, democrats say we need to raise taxes in order to avoid the fiscal cliff. would republicans sign a deal like that? charles gas practicery know say -- gas perino said there are a couple ways to explain next bu. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. >> welcome back. while still feeling a little stuffed after thanksgiving yesterday, the bloat is about to get worse. >> that's right. after the main course of the election, the leftover gridlock happening right now in washington could cause a collective fiscal stomach ache by the end of the year. >> here to explain is charlie gasparino. good to have you here. >> good morning. >> congratulations on your italian feast, yesterday. >> he's a great cook. >> so we're heading towards this fiscal cliff. we keep on hearing about it. there are three scenarios that you're concerned about. >> right. we should point out. automatic tax increases, massive budget cuts. but they don't reach a budget. >> you

MSNBCW - MSNBC Live

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MSNBCW
MSNBC Live

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comprehensive entitlement reforms in exchange for an increase tax rate? >> i think that's an excellent question. let's make one thing clear. the entitlements have little to do with the day-to-day operation of the budget. they have their own separate budgets. they're paid for in a separate manner, through payroll taxes. so anybody that wants to do that is really holding the issue hostage. the other side is good at doing that. republicans have been very good at holding us hostage. we said to them at least pass the middle chas tax cuts and let's continue those and then we'll debate the other stuff. there is no compromising these ideologues. i want compromise. people want them to come together. if you hold the other issue or the other side hostage, it's not going to get done. i'm a little less optimistic than i was last week when i hear from staff and the discussions that are going on behind the scenes. i'm less optimistic about it. but i'm in there fighting for resolution. if we kick the can down the road, alex, this is the worst thing that we can do. it only builds up anxiety in the markets. >> i

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for the crossings and for the goods to be imported without taxes, to open the port, to open the crossing with egypt and provide electricity. the siege must end and the people must live. >> an easing of the blockade would be a huge success for the people of gaza. i of hopes are not met, disappointment could quickly boilover into another round of violence -- if hopes are not met. >> for the latest, let's cross over to our correspondent in gaza city. the cease-fire appears to be holding. what are the people on the ground saying right now? >> there is a sense that -- people, of course, first of all are believed that the fighting for now at least is over. people are returning back to life, and schools will be opened they say on saturday. there were more funerals today, but there is also another feeling. a lot of people i talked to are not confident that this is an actual end to the violence. the terms of the agreement are not very clear. people do not really know what this could mean in the future. >> let's talk about those details. as you mentioned, they have yet to be hammered out for a lasting truce.

KPIX - CBS 5 Eyewitness News at 11

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KPIX
CBS 5 Eyewitness News at 11

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% of hamas rockets. and american tax dollars also provide assistance to the u.n. organizations that support the palestinians. with egypt as mediator, both sides are trying to negotiate a more permanent agreement. israel wants to end weapons smuggling at the gaza. hamas wants to end a five-year border blockade. >>> thanksgiving warning turned into a nightmare for hundreds of people caught up in a major pileup in texas. more than 140 cars and trucks lay twisted and broken. the huge crash happened as holiday travelers tried to navigate through dense fog. drivers could do little to get out of the way. >> i just grabbed my kids, pulled them out of the car and ran. that's all i could do. >> at least two people died and more than 80 were hurt, several critically. and rescue crews credit many drivers for helping each others while first responders were overwhelmed. >>> police in berkeley are hoping you can help smoke out a cigarette thief. he's suspected of burglarizing businesses in neighboring cities also. investigators say he smashes windows to get inside, gets what he's after, then leaves in a b

KBCW - CBS 5 Eyewitness News on the CW 44

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KBCW
CBS 5 Eyewitness News on the CW 44

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's defense system that helped intercept 80% of the rockets. and the american tax dollars provided assistance to the united organizations supporting the palestinians. both sides are trying to negotiate a more permanent agreement. israel, they want to end the weapon smuggling at gaza. hamas wants to end the border brigade. >>> troops in afghanistan treated on a feast. including turkey and pie where they even got a game of football before dinner. he told members of the armed services earlier today to wish them a happy thanksgiving to thank them for their service. >> this may be the last holiday away from their families as the u.s. winds down the war. >>> for the bay area mission in richmond, today capped off a week of providing meals to the needy. over the past several days, they were able to feed a hot meal to nearly 2,000 people each day. they also managed to give away 1,200 turkeys and all the fixings to the people in the neighborhood. thousands of people today. but one man took it upon hif to feed as many people as he could, using three simple ingredients cbs 5 reporter linda yee explains.

KGO - Nightline

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for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >> announcer: this special edition of "nightline," "giving thank thanks: darius' dream tour" tonights. >> reporter: darius weems is on a mission. but even though he's only 22, it's a race against time. he's determined to help solve the riddle of duchenne muscular disroe if i. for himself and for all of those young men who have it. the disease took his own brother, mario, at 19. >> ready? >> reporter: so, when he's not touring the country making music and raising money for research, he often comes here, to the kennedy krieger institute in baltimore. >> the day is just getting started. got to get my blood drawn and i got to do an mri. story of my life. >> reporter: tell me about your physical self at

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. if paid for by taxes, not -- at the expense of public service. looking to going forward to building a infrastructure of deeply committed incidents to support the department and redirect management policies back to its core purpose of stewarding resources and providing access to all parks versus select few. this is just a beginning for us. we are dedicated. we will see this through and not going anywhere. we have a primary goal. the hard work on looking at the prize in the end to give a real voice to citizens of this city. to value and listen to what they have to say to restore access to the park and access back to our parks and citizenry. >> thank you. >> richard rothman and linda cutner. >> good morning commissioners and general managers. maybe it is time for good news. my name is richard rothman. i'm a city guide at coit tower but i'm speaking for myself today. i want to thank the general manager for what is going on at coit tower. when i started this for the second time a couple years ago the art commission in rec and park weren't talking. but the general manager made staff chang

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